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kalifire

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There's kind of two sides to this Labour government. There's the side doing the stuff around de-carbonising, public transport, workers rights, planning, renters rights etc; and then there's the fiscal disciplined side led by Reeves. Not sure how long they can co-exist for, but that OBR graph forecasting debt per GDP to continue to rise shows the predicament this and future govts have. With low growth and an aging population there will have to be some changes...much higher taxes, high immigration, or things like mean testing pensions or changing how we fund health services. That is why they keep banging on about growth because that will help keep that graph line down to sustainable levels, but you can't just magic growth.

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10 minutes ago, steviewevie said:

There's kind of two sides to this Labour government. There's the side doing the stuff around de-carbonising, public transport, workers rights, planning, renters rights etc; and then there's the fiscal disciplined side led by Reeves. Not sure how long they can co-exist for, but that OBR graph forecasting debt per GDP to continue to rise shows the predicament this and future govts have. With low growth and an aging population there will have to be some changes...much higher taxes, high immigration, or things like mean testing pensions or changing how we fund health services. That is why they keep banging on about growth because that will help keep that graph line down to sustainable levels, but you can't just magic growth.

unless Keir can stop us smoking, boozing and eating junk and then we'll have no need to go to A&E all the time.

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